XJO 1.96% 7,944.4 s&p/asx 200

RSI on the DJIA is showing heavily oversold on weekly, monthly...

  1. 6,757 Posts.
    RSI on the DJIA is showing heavily oversold on weekly, monthly and annual time frames but only just over the line on the daily (surprisingly).

    Responses from a CNN reader poll below. It seems time is more valuable than trillions of liquidity though difficult to inject when needed. Perhaps a forced market closure is a good idea with all the bankers packed off to the Bahamas for a week.

    1. What will it take to get global markets back on track?
    A bigger, coordinated rate cut by central banks 4%
    Regulatory changes 20%
    Another stimulus package 7%
    Time 69%
 
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